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Its growth strategy relies on debt-funded acquisitions which, if poorly executed, can create nasty surprises (as shareholders in Vocus Communications can attest). We find its accounting practices to be peculiar, which is often a red flag. And lastly, the founding chief executive has recently been replaced by a new hire that lacks ‘skin in the game’.

Regarding RFG...although the II most recent recommendation was a sell the share price has now fallen close to the buy price. Would be very interested in an update on this stock. I would assume expectations for growth have moderated but with the pe...

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